4u 



HARDWOOD RECORD 



MEMPHIS 



During the past few days rain has fallen al- 

 most continuously and the woods in this section 

 are wet, and it is certain that this will inter- 

 fere with logging operations and indirectly with 

 milling work except in instances where the 

 plants are well supplied with timber. There is 

 no apparent disposition on the part of the manu- 

 facturers of hardwood lumber in this territory 

 to voluntarily curtail output. Just now business 

 is comparatively quiet, but this is expected at 

 this time of year and has occasioned no unfavor- 

 able comment. The prevailing view is that there 

 will be plenty of demand later to take up all 

 tlie lumber that is manufactured. 



Business conditions in Memphis are shown to 

 have been fine during the past six months. The 

 report of the Clearing House Association shows 

 that clearings for the first six months of 1910 

 have broken all previous records and have 

 placed this city in the $300,000,000 class on 

 annual business. The total for the first six 

 months was $157,704,454.96. This is the first 

 time in the history of this city that the clear- 

 ings for the first six months have passed this 

 mark. The gain compared with last year is 

 slightly more than $U'D.OOO,000. It is also a 

 striking fact that the clearings tor June broke 

 all previous records for that month. The amount 

 ot cotton sold in Memphis during the past six 

 months has been comparatively small, and the 

 phenomenal record with respect to bank show- 

 ings has been made possible through the large 

 activity in other lines. The lumbermen have 

 done a good business themselves and have helped 

 to swell the total materially. 



An even more striking development has been 

 the phenomenal increase in building operations. 

 The total for the first six months of 1910 

 reached $3,350,308, thus breaking all previous 

 records in the history of this city. The increase 

 as compared with the first six months of 1909 

 was more than a hundred per cent, the total of 

 that period being $1,545,066. There are some 

 large projects ahead at present and it is ex- 

 pected that the summer ot 1910 will be one 

 of very striking activity in building circles. 



The Lamb-Fish Lumber Company has removed 

 its general offices from Memphis to Charles- 

 ton, Miss. The move was made in order to get 

 closer to its base of operations. Its principal 

 manufacturing plants are located at Charleston, 

 and all its manufacturing enterprises in Missis- 

 sippi have Ijeen concentrated there. All depart- 

 ments were removed from Memphis with the ex- 

 ception of the traffic, which remains here and 

 is in charge of John Dwyer, formerly with the 

 Illinois Central Railroad Company. It is noted 

 with pleasure that A. G. Fritchey and other 

 attachfe ot the company who were identified 

 with the Lumbermen's Club will still retain their 

 membership therein. Mr. Fritchey promises to 

 be frequently in this city. 



A charter has been granted to the Nolan 

 Brothers Hardwood Company, which has a capi- 

 tal stock of $25,000. It will engage in the 

 general lumber business. The incorporators are 

 L. C. Nolan, E. H. Nolan, J. W. Howard, J. H. 

 Hines, M. C. Ketchum, H. B. Sutton and B. A. 

 Ward. The Nolan brothers have been connected 

 with the hardwood lumber industry of Memphis 

 tor years, being at one time members of the 

 Bacon-Nolan Hardwood Lumber Company, and 

 more lately carrying on business under the 

 name of Nolan Brothers Lumber Company. 



W. M. Clendenin, who is in charge of the 

 advertising work being done by the Bureau of 

 I'ublicity and Development, has prepared two 

 maps which give a great deal of information 

 regarding the location of Memphis as a furniture 

 manufacturing point. In fact, it is the purpose 

 of these maps to show that Memphis is the 

 most logical place in the United States for 

 furniture manufacture on a large scale. The 



map has to do with the freight rates enjoyed 

 by this city and also with its splendid location 

 with respect to the supply of raw material. 



It is learned that the Illinois Central Kail- 

 road Company is hack of the line which is to 

 he built from Batesvllle to Charleston, Miss., 

 and which has been incorporated as the Bates- 

 ville & Southwestern Railroad Company. There 

 is a large amount of timber in the section 

 through which the new road is to run. 



The Bond Lumber Company has been granted 

 a charter under the laws of Mississippi with 

 a capital stock ot $1,000,000. It has already 

 secured the plant and other holdings of the 

 J. E. North Lumber Company. These were sold 

 at auction some time ago in order to wind up 

 the affairs of that company, which had been 

 iuvolved in litigation for some time. The price 

 paid therefor was $775,000. It now seems that 

 the Bond Lumber .Company was organized in 

 order to be in position to take over the holdings 

 of this firm. The purchase was made through 

 Judge B. K. Burroughs of St. Louis. 



Lumbermen of Memphis have learned with 

 interest that work is progressing rapidly on 

 the sawmill plant of J. F. Mclntyre & Son of 

 I'ine Bluff, Ark. The framework has already 

 been completed and the machinery and power 

 equipment are now being installed. The plant 

 will be ready for operation by the latter part 

 of this month and will be one of the most 

 complete plants in the South. One of the 

 features will be the possession of about 1,£00 

 feet of switching track for the convenient 

 handling of the incoming logs and outgoing 

 lumber. The company will make a specialty of 

 manufacturing oak, with particular regard to 

 (juarter-sawn stock. J. F. Mclntyre was for- 

 merly president of the Memphis Rim & Bow- 

 Company and was later second vice-president 

 of the Memphis Veneer & Lumber Company. He 

 has a host of friends among the lumbermen of 

 this city, by whom he is regarded as one of 

 the best equipped men in the trade. 



The Central Lumber Company ot Brookbaven, 

 Miss., has increased its capital stock from $50,- 

 000 to $190,000. 



The St. Louis-Arkansas Lumber & Manufac- 

 turing Company has announced that its head- 

 quarters have been removed from Arkansas 

 City, Ark., to Fayetteville, Ark. 



Louis Rosenfield of Chicago has purchased 

 23,000 acres of timber and cut over lands in 

 Jefferson and adjoining counties from O. E. Mc- 

 Kenzie and M. E. Graham for $160,000 cash. 

 The property was at one time owned by the 

 Frank Kendall Lumber Company, and the Mem- 

 phis, Dallas & Gulf railroad will build directly 

 through these timber lands. 



Charles H. Patterson .of Hope. Ark., vice- 

 president of the Hempslcd Hardwood Company, 

 is arranging to establish a hardwood veneer plant 

 nt Texarkana, Ark. 



The Tschudy Lumber Company is the hitest 

 to make application for a charter in this city. 

 It has a capital stock of $25,000 and the incor- 

 porators include E. W. Tschudy. F. L. Peck, 

 W. A. Percy, D. W. Armstrong and Charles W. 

 Hunter. 



W. B. Bayless & Co. of Memphis, who recently 

 acquired the plant and other holdings of the 

 Ferguson & Wheeler Land & Lumber Company 

 at Corning. Ark., together with J. W. Piland, 

 have awarded contract to the Corning Lumber & 

 Stave Company to cut 16,000,000 feet of timber 

 into lumber at an agreed price. The plant ac- 

 quired by the Bayless interests is not in first- 

 class condition, which accounts lor letting the 

 contract to an outside company. 



R. M. Carrier, president of the Hardwood 

 Manufacturers' Association, was in Memphis 

 the past week and was one of the most en- 

 thusiastic fans at the ball game between the 

 lumbermen of Memphis and Nashville. He also 

 entertained a number of Memphis and Nash- 

 ville lumbermen at dinner at Hotel Gayoso after 

 the game was over. 



John I'enrod, who is interested in several lum- 

 ber companies here and in the South, was in 

 Memphis a few days ago. 



Mr. Knight of the Long-Knight Lumber Com- 

 pany was a recent Memphis visitor. 



Nothing definite has been decided regarding 

 the ball game which was to have been played 

 by the Memphis team and the Lamb-Fish 'Ath- 

 letic Association of Charleston, Miss. Com- 

 munication has been received from that organi- 

 iiation advising the team of the Lumbermen's. 

 Club of Memphis that it has no right what- 

 ever to claim the championship of lumberdom 

 so far as baseball is concerned, unless it meets- 

 and defeats the (Charleston organization. In 

 other words, the latter believes that the former 

 should be willing at all times to defend the 

 championship which it has secured through a 

 series of brilliant victories over its opponents. 

 It is more than likely that the association wilt 

 have no cause for complaint when the season 

 is over. 



NASHVILLE 



Simon Lieberman, the veteran lumberman, has- 

 for four weeks been testifying in the case of 

 Lieberman, Loveman & O'Brien vs. the Louisville- 

 & Nashville railroad et al. This is a suit in 

 which $20,000 is asked from the railroads as a 

 result of a fire in 1905, it being claimed by the 

 company that the fire was caused by sparks, 

 from engines of the defendant company or com- 

 panies. The suit promises to be one of . the- 

 longest and hardest fought ever tried in the cir- 

 cuit courts of the county. 



The W. J. Cude Land & Lumber Company 

 has secured an amendment to its charter, chang- 

 ing the capital stock from $250,000 to $150,000. 

 This step was taken in order to retire a portiott 

 of the former capital stock, some of the com- 

 pany's holdings having been sold. 



A special from Dayton, Tenn., announces that 

 the Twentieth Century Wheel Company of In- 

 dianapolis, Ind.. will remove its plant to or near 

 Dayton and will establish a large factory there. 

 The company will engage in the manufacture of 

 wheels for automobiles and motor cars on a 

 new patent which is said to he superior to others 

 The hub will be difTerent from that of any other 

 make and its manufacturers think they have se- 

 cured a patent that will revolutionize the in- 

 dustry. F. E. Woodbouse of Indianapolis is 

 president of the concern. 



It is staled by officials of the Southern Motor 

 Works, recently located in Nashville, that the- 

 company will spend in labor and raw material 

 the sunn of $2,500,000 annually. The company 

 will soon be in active operation here, as it has 

 bad a large force busy for some time installing 

 new machinery and getting ready to operate. 

 Much of the money to be expended will be for 

 gucd hardwood timber. The company is now- 

 capitalized at $400,000. The former factory at 

 Jackson, where $100,000 is invested, will be run 

 for the present as a branch of the one in Nash- 

 ville. The Nashville factory is located directly ' 

 on the Nashville & Chattanooga railroad at Clin- 

 ton street. 



The members of the Nashville Lumbermen's 

 tfam, while beaten in Memphis by the close score 

 of 4 to 3, were not disheartened and they are 

 already hard at work to turn the tables on their 

 Slielby county colleagues when the latter come 

 to Nashville. The local boys are loud in their 

 prai.se of the hospitality received at the hands 

 of their Memphis brethren. 



The regular monthly meeting of the Nashville 

 I umbermen's Club, which was to have been heli 

 on June 22, did not take place owing to the 

 fact that a big military tournament was in_ 

 progress in Nashville at the time and the loya! 

 lumbermen were lending every energy to make 

 the occasion an unqualified success. The meet- 

 ing was postponed until a later date. 



It is announced at New Decatur, Ala., that a 



